Custom Truck One Source Inc (NYSE: CTOS) closed the day trading at $6.21 up 1.97% from the previous closing price of $6.09. In other words, the price has increased by $+0.12 from its previous closing price. On the day, 676007 shares were traded.
Ratios:
For a better understanding of CTOS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.28 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 2.25 whereas as Long-Term Debt/Eq ratio is at 1.60.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on February 16, 2023, initiated with a Buy rating and assigned the stock a target price of $12.
On December 13, 2022, JP Morgan started tracking the stock assigning a Neutral rating and target price of $7.50.
On March 30, 2022, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $12.Deutsche Bank initiated its Buy rating on March 30, 2022, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 14 ’23 when McMonagle Ryan bought 20,000 shares for $5.17 per share. The transaction valued at 103,412 led to the insider holds 350,726 shares of the business.
Heinberg Marshall bought 15,000 shares of CTOS for $71,912 on Nov 10 ’23. The Director now owns 120,000 shares after completing the transaction at $4.79 per share. On Nov 10 ’23, another insider, Heinberg Marshall, who serves as the Director of the company, bought 15,000 shares for $4.79 each. As a result, the insider paid 71,912 and bolstered with 220,304 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTOS now has a Market Capitalization of 1.51B and an Enterprise Value of 3.56B. As of this moment, Custom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.46, and their Forward P/E ratio for the next fiscal year is 13.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 1.94 whereas that against EBITDA is 8.79.
Stock Price History:
Over the past 52 weeks, CTOS has reached a high of $7.62, while it has fallen to a 52-week low of $4.41. The 50-Day Moving Average of the stock is 6.45, while the 200-Day Moving Average is calculated to be 6.38.
Shares Statistics:
Over the past 3-months, CTOS traded about 426.74K shares per day on average, while over the past 10 days, CTOS traded about 447.6k shares per day. A total of 248.31M shares are outstanding, with a floating share count of 57.74M. Insiders hold about 76.23% of the company’s shares, while institutions hold 18.59% stake in the company. Shares short for CTOS as of Feb 15, 2024 were 1.63M with a Short Ratio of 3.83, compared to 1.48M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.67% and a Short% of Float of 2.83%.
Earnings Estimates
Current recommendations for the stock of the company come from 5 analysts. On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.09, while EPS last year was $0.13. The consensus estimate for the next quarter is $0.08, with high estimates of $0.14 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.27 and $0.23 for the fiscal current year, implying an average EPS of $0.25. EPS for the following year is $0.4, with 5 analysts recommending between $0.44 and $0.35.
Revenue Estimates
5 analysts predict $468.73M in revenue for the current quarter. It ranges from a high estimate of $476.3M to a low estimate of $458.07M. As of the current estimate, Custom Truck One Source Inc’s year-ago sales were $486.72M, an estimated decrease of -3.70% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $466.19M, an increase of 18.50% over than the figure of -$3.70% in the same quarter last year. There is a high estimate of $487.56M for the next quarter, whereas the lowest estimate is $450.4M.
A total of 5 analysts have provided revenue estimates for CTOS’s current fiscal year. The highest revenue estimate was $1.82B, while the lowest revenue estimate was $1.8B, resulting in an average revenue estimate of $1.81B. In the same quarter a year ago, actual revenue was $1.57B, up 15.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.91B in the next fiscal year. The high estimate is $1.96B and the low estimate is $1.84B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.
